Mobile

Tigo has announced it has distributed US$2.1mn to its 4.6mn mobile wallet users

The telecom vendor space has gone through a flurry of M&A activity in recent years, driven by activist shareholders and private equity funds focusing on balance sheet re-capitalization, OPEX optimization and portfolio/customer synergies

East African operator Tigo Tanzania has accumulated a million followers on Facebook, the highest such figure in Tanzania, effectively reinforcing Tigo’s position as a leading digital lifestyle enterprise in the country

Multinational Corporations, particularly in the fast moving consumer goods (FMCG) sector, as well as informal merchants, can benefit from reduced costs, increased security and greater efficiencies around payments